Word: career
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...great career break - he's awarded a MacArthur "genius" grant, giving him a few hundred thousand dollars to pursue his theatrical dreams - will slowly break him over the rest of his long, increasingly demented life. Caden moves to Manhattan, rents a warehouse and in it constructs a smaller version of the city outside. Hiring a huge cast, he sets out to assemble an epic of ordinariness. His second wife, Claire (Michelle Williams), will be the star; the ever-loyal Hazel is his assistant. A stalker named Sammy (Tom Noonan) has got the job of portraying Caden; "I've been following...
...painful for soon-to-be-minted MBAs than any in recent memory. Amid pervasive market uncertainty, admissions officers and students at business schools around the country say the recruiting climate has shifted noticeably, particularly in the financial sector. "Uncertainty is the buzzword," says Deanna M. Fuehne, Director of the Career Management Center at Rice University's Jones Graduate School of Management. "Consulting firms and banks are worried that clients may pull projects and deals. Company recruiters are worried about staff reductions. So it's become a game of 'wait...
...Firms are being more conservative," says Roxanne Hori, Assistant Dean and Director of the Career Management Center at Northwestern's Kellogg School of Management. "Nobody wants to be over head count." Hori says that higher retention of current employees - given the Wall Street climate - may mean less room for new recruits. As institutions wait out the Wall Street storm, they know many students will still be in the market for a job when spring comes around...
Fuehne and other administrators say many students are nervous, particularly those who have never faced a prolonged market decline. Andy Chan, Assistant Dean and Director of the Career Management Center at the Stanford Graduate School of Business, says he sees some students going through a kind of grief cycle, first coping with shock, then denial and disappointment. Many current MBA students graduated from college as the tech bubble was bursting, Chan points out, so they're frustrated at the prospect of once again graduating into a cold job market...
Here are some other trends affecting MBA grads in the current climate for better or worse: •Opportunistic Recruiting MBA career advisers say smaller firms and boutique investment companies are taking advantage of Wall Street's weakness to try to snatch up the smartest young talent. • Geographic Retrenchment Some financial firms that do have slots to fill this fall will cut back on the number of schools they visit. Rather than covering all corners of the country, some firms are focusing on a smaller core group of schools. That may hurt schools further afield that ordinarily benefit from companies...